Job Recruitment Website - Social security inquiry - What do you mean by tax and social security association?

What do you mean by tax and social security association?

Taxation and social security are two closely related concepts. Taxation refers to all kinds of taxes collected by the state according to law, including personal income tax, enterprise income tax and value-added tax. Social security is a system established by the state to protect the basic life and welfare of employees, including endowment insurance, medical insurance, work injury insurance and unemployment insurance. The relationship between taxation and social security is complementary. The increase of tax can increase the reserve of social security fund, and conversely, the payment of social security can also increase the contribution of tax.

The relationship between taxation and social security is also reflected in some specific policies. For example, the setting of social security payment base is usually closely related to the threshold and tax rate of personal income tax. In addition, the social security fees paid by enterprises can also be used as tax deduction to reduce the tax burden. The formulation of these policies can effectively integrate the tax and social security systems and create a better tax and social security environment for enterprises and individuals.

Generally speaking, the rationality and soundness of taxation and social security system are the basis of economic and social development. The relationship between taxation and social security has made the two systems have a great impact, profoundly affecting the national taxation and social security policies. In order to meet the needs of economic development and the needs of the people, it is necessary to continuously reform and improve the taxation and social security systems, promote the in-depth coordination of taxation and social security systems, and realize the rapid development of national taxation and social security undertakings.